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Holiday 2023: UK Retail Wrap-Up—December Downturn Unlikely To Herald Renewed Retrenchment

What's Inside

The UK holiday season is all wrapped-up! We offer our conclusions from peak-season trading: dive into retail sales data and retailers’ trading updates from the fourth quarter of 2023. In addition to assessing recently reported metrics, we present our view on the UK consumer economy and look ahead to the prospects for UK retail in 2024.

Data in this research report include:

  • UK retail sales growth over the past 15 months
  • 2024 holiday-quarter UK retail sales growth by sector—nominal and real
  • Major UK grocery and nonfood retailers’ sales results for holiday 2023 vs. holiday 2022

Companies mentioned in this report include: Aldi, Asda, ASOS, B&M, B&Q, Boohoo Group, Currys, Dunelm, Home Bargains, J. Sainsbury, Marks and Spencer, Next, Poundland, Primark, Shein, Tesco, Temu, The Very Group

Other relevant research:

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